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Analysts raised their price targets for Airbnb after the company reported strong earnings of $3.16 per share last quarter.

ResultsRead the original at Benzinga
Good for ABNB

Airbnb beat estimates for profit and sales, and its fourth-quarter sales forecast topped the estimate. One analyst kept a Neutral rating, but faster growth and the stronger forecast point to improving prospects.

ABNB · Airbnb Inc.

AI read · Good for ABNB

The AI's read

That suggests Airbnb is finding more ways to grow across its established markets. Its own fourth-quarter sales forecast is also above analysts’ estimate. One analyst kept a Neutral rating, but the stronger company results and higher-than-estimate forecast carry more weight.

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